Q3 private home prices up; new home sales double over previous quarter, but rents are down
Net absorption of private residential property stays in negative territory, reaching all-time low of minus 2,605 units
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Singapore
A SHARP rebound in private home sales in both primary and secondary markets in the third quarter underpinned continued gains in the official private home price index, but it was a different story in the leasing market.
Private housing rents in Singapore continued to soften in Q3 2020, albeit at a slower clip, while vacancies rose
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